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Federal Reserve Bank of St. Louis. “Documents and Statements Pertaining to the Banking Emergency, Presidential Proclamations, Federal Legislation, Executive The Emergency Banking Act was never intended as a comprehensive reform bill. Its two main purposes were to stop the erosion of public confidence in the banking Seeking to protect the interests and provide relief for the de- positors in the State banks that are not members of the Federal. Reserve System, Governor Lehman 21st CENTURY GLASS-STEAGALL ACT. Fact Sheet. The original Glass-Steagall, the Banking Act of 1933, was introduced in response to the financial. Currency and Exchanges Act 9 of 1933. Files: act9of1933.pdf, 1.02 MB to amend the law relating to legal tender, currency, exchanges and banking.An Act to Provide for the Safer and More Effective Use of the Assets of Banks, to Regulate Interbank Control, to Prevent the Undue Diversion of Funds into AN ACT. To provide relief la the existing national emergency in banking, and for other purposes;. Be it enacted by the Senate and House of Representatives Title 12 - BANKS AND BANKING CHAPTER 3 - FEDERAL RESERVE SYSTEM SUBCHAPTER I - DEFINITIONS, ORGANIZATION, AND GENERAL PROVISIONS AFFECTING SYSTEM